A government incentive allows eligible individuals or businesses to reduce their tax liability following a federally declared disaster. This incentive typically applies to expenses incurred for repairs, rebuilding, or other qualifying costs... Read more »
The Small Business Administration (SBA) offers disaster assistance loans to businesses and homeowners affected by declared disasters. Eligibility for these loans is not solely based on creditworthiness, but a minimum acceptable credit... Read more »
Natural disasters can disrupt financial stability, leading to missed payments, loan defaults, and increased debt. These events can create challenges in maintaining a positive financial history, potentially impacting an individual’s ability to... Read more »